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The capital
stock may be
increased
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Sec. 8. And be it enacted, That if the capital
stock of said company shall be deemed insufficient
for the purposes of this act, it shall and may be
lawful for the President and Directors of said com-
pany, or a majority of them, from time to time, to
increase the said capital stock by the addition of as
many shares as they may deem necessary, for which
they may, at their option, cause subscriptions to
be received in the manner prescribed by them, or
may sell the same for the benefit of the company,
for any sum not under their par value, and that
they, or a majority of them, shall have power to
borrow money for the objects of this act, to issue
certificates or other evidence of such loans, and to
pledge the property of the company for the pay-
ment of the same and its interest.
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President and
Directors in-
vested with
rights and
powers.
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Sec. 9. And be it enacted, That the President
and Directors of said company shall be and they
are hereby invested with all the rights and powers
necessary to the construction and repair of a rail-
road from the line of the District of Columbia by
the most eligible and central route through Mont-
gomery county, crossing the Baltimore and Ohio
railroad at Monocacy Junction, or some conveni-
ent point within one mile thereof, to the city of
Frederick, in Frederick county, thence by the most
convenient and practicable route through Freder-
ick county and Washington county to Hagerstown,
not exceeding sixty-six feet wide, with as many
sets of tracks as the said President and Directors or
a majority of them may deem necessary, and they,
or a majority of them, may cause to be made, or
contract with others for making said railroad or
any part of it, and they, their agents or those with
whom they may contract for making any part of
the same or their agents, may enter upon and use
and excavate any land which may be wanted for
the site of said road, and the erection of warehouses
or other works necessary to said road, or for any
other purpose necessary or useful in the construc-
tion or repair of said road, or its works, and that
they may build bridges, may fix scales and weights,
may lay rails, may take and use any earth, tim-
ber, gravel, stone Or other materials, or any im-
provements which may be wanted for the construc-
tion or repair of any of said roads or of any of their
works, for the purchase or use and occupation of
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